The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading higher by 60 points at 24,940 indicating that the domestic benchmark indices are likely to make a positive start on Monday.
On Friday, 23 May, Domestic benchmark indices S&P BSE Sensex surged by 455 points or 0.56% and settled at 82,176, while the Nifty50 traded 0.60% higher by 148 points, settling at 25,001.
Here are some stocks that are likely to remain in focus on 27 May.
Quarterly Results Today: Life Insurance Corporation of India, Bosch, Bharat Dynamics, Carraro India, DCX Systems, NMDC, Zinka Logistics Solutions, EPACK Durable, Gujarat Fluorochemicals, JK Lakshmi Cement, Medplus Health Services, Gateway Distriparks, Hindustan Copper, Minda Corporation, Info Edge (India), Triveni Engineering & Industries, and Rashtriya Chemicals and Fertilizers are some of the prominent companies set to announce their quarterly earnings for January-March.
Lupin: The company has announced entering into a licensing and supply agreement with Costa Rica-based SteinCares to commercialize its biosimilar ranibizumab, which is used for treating eye disorders, across Latin America, excluding Mexico and Argentina.
InterGlobe Aviation: Foreign promoter Rakesh Gangwal is reportedly planning to offload up to a 3.4% stake in the airline company through block deals, aiming to raise around Rs 6,831 crore. The floor price for the sale is set at Rs 5,175 per share.
TCS: Tata Consultancy Services (TCS) has restructured its AI.Cloud division into two separate business units. The move is aimed at accelerating growth in the AI cloud segment. TCS originally launched the AI.Cloud unit in August 2023 to leverage cloud and generative AI technologies for enhanced business value.
Nazara Technologies: For the quarterly earnings for January-March, the company reported a multifold increase in consolidated net profit to Rs 4.07 crore for the quarter under review compared to Rs 18 lakh reported in the same quarter last year.
PG Electroplast: The promoters of the company are looking to divest a 4.62% stake in the company via a block deal to raise Rs 1,177 crore at a floor price of Rs 740 per share.
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